rue or False: According to the notes provided, globalization is a recent trend that began only after the use of computers and other information technologies became widespread.

Group of answer choices

True

False

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Question 12

2.22pts

Companies that use continuous-process technologies to achieve low-cost volume production are said to use __________ as a means of gaining a competitive advantage.

Group of answer choices

Factor costs analysis

Economies of costs

Economies of scope

Economies of scale

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Question 13

2.22pts

True or False: Internal restructuring refers to the strategic adjustments that a firm makes even though there are no conditions in the external environment that force the company to change.

Group of answer choices

True

False

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Question 14

2.22pts

"Global Chess" is: (Choose the best answer.)

Group of answer choices

A term used to describe the competition in the global automobile industry.

A competitive strategy used by companies that manage their worldwide operations as interdependent units using a coordinated global strategy.

A strategic game played by Russian and other Eastern European firms.

A strategy first developed by Walmart.

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Question 15

2.22pts

According to the text, conflict between MNEs and host governments is sometimes the result of the MNEs' desire to freely integrate their operations across national borders, to gain unrestricted access to resources and markets around the world, and _________________________.

Group of answer choices

to have the right to enter any industry in the country

to have the right to make demands of local politicians

to have the right to control all aspects of the company globally

to have the right to make donations to political campaigns

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Question 16

2.22pts

True or False: The term "excentralization" and "flexible specialization" can be used interchangeably (i.e., they can be used to mean the same thing).

Group of answer choices

True

False

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Question 17

2.22pts

In a(n) _____________________, the use of global strategies which capitalize on centralized, scale-intensive manufacturing and R&D is predominant.

Group of answer choices

international industry

global industry

multinational industry

transnational industry

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Question 18

2.22pts

According to U.N. estimates, which of the following statements is TRUE regarding MNEs?

Group of answer choices

There are over 130 million MNEs, whose foreign affiliates generate approximately $10 trillion in value.

There are over 130 million MNEs, whose foreign affiliates generate approximately $4 trillion in value.

There are over 130 million MNEs, whose foreign affiliates generate approximately $8 trillion in value.

There are over 130 million MNEs, whose foreign affiliates generate approximately $6 trillion in value.

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Question 19

2.22pts

According to the Stopford Stages Model, in a Worldwide Area Division:

Group of answer choices

The number of foreign subsidiaries is high and the degree of foreign ownership is high.

The level of foreign product diversity is low and foreign sales as a percentage of total sales is low.

The number of foreign subsidiaries is high while the degree of foreign ownership is low.

The level of foreign product diversity is low and foreign sales as a percentage of total sales is high.

The degree of foreign ownership is high while foreign sales as a percentage of total sales is low.

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Question 20

2.22pts

According to the notes, "center of gravity" refers to _________________:

Group of answer choices

the most important foreign subsidiary in an MNEs portfolio of companies.

the domestic division that is central to the MNEs global operations.

the fact that operations that are performed at an MNE's headquarters should be the central focus of the firm.

the set of environmental forces that most significantly impacts the firm's strategic tasks